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Barchart
Will Ashworth

Unusual Options Activity Suggests the Smart Money Is Bullish About Rio Tinto Stock Despite Glencore Deal Collapse

Rio Tinto Glencore Rio ITM Mining

As we head into the weekend and the second week of the Iran war, options volume is higher than usual. That’s not unexpected. If there’s one thing I’ve learned about the options market, it's that traders love volatility. 

In Thursday’s trading, the options volume was 66.03 million, about seven million higher than the average daily volume. A war will do that. 

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